At SmartFunding, we employ both quantitative and qualitative analysis to assess the Borrower’s ability to fulfill debt obligations. The scope of our credit assessment and due diligence typically include: Financial analysis on the Borrower’s financials, with an emphasis on the Borrower’s capability to generate cash flow and their existing debt obligations; Site visits for physical […]
The recovery actions that SmartFunding may undertake on behalf of the Investors include the following: Appointment of a third-party debt collection agency to recover the amounts outstanding; Initiate legal proceeding against the Borrower; and/or Claim against the director/shareholder’s personal guarantee and/or the parent company’s corporate guarantee. Any cost in relation to the undertaking of the […]
To become an Investor at SmartFunding, you must be aged 21 or above. The application is simple: Click here and select “1. I want to Invest”. Fill in the online application form on our website. You will receive a verification email from us. Verify your email by clicking “Activate my account”. Then, upload the following documents: a […]
Please click here to understand the fees that SmartFunding charges Investors.
For Singaporeans and Singapore Permanent Residents (PRs) Coloured copy of your NRIC (front and back); and A copy of your bank statement (no older than 3 months) showing the account holder’s name, account number and address. For non-Singaporean and non-PRs Coloured copy of your Passport (pages bearing photo, personal details, and signature), and A copy […]
Yes, you will be able to invest on our platform, but subject to certain country restrictions. You will also need to provide sufficient documentation so that we can verify your identity.
We aim to process applications within 2 working days of receiving all required documents. Depending on the application, processing could take longer than 2 working days.
The repayment amount and dates will be provided on the loan sheet of each deal.
Among others, below are the most common potential risks: Non-payment by the Borrower. The Borrower might fail to make any repayment. Once the Borrower is in default, SmartFunding will, on behalf of the Investors, commence recovery action. Despite all precautions, there exists nonetheless the risk that part or all of the debt is not recoverable, and […]
We provide an Annual Percentage Rate (APR) and an Expected Net Return (ENR) for each deal. Annual Percentage Rate This is the annualized interest rate that is to be paid by the Borrower under the terms of the debt note. Expected Net Return This is the indicative return that Investors will receive after deducting the […]